Business Owner Succession Strategies Workshop

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Wednesday, September 17th, 2014
7:30 AM to 9:00 AM

Thinking of selling your business?

Over the next few years about 25% of all BC Businesses will go on the market for sale. In years past, the population growth and demographics easily supported new buyers to take over these businesses. This is no longer the case. The entrepreneur shortage is expected to last for the next couple of decades.

Research shows the average time to sell a business is growing quickly. In 2006 it was 7.6 months and now it's a year or longer.

A CIBC study concludes the owners of half of all small and medium sized business owners in Canada are set to retire over the next decade. It�s clearly a buyer�s market and expected to stay this way for years to come.

- Who might buy your business?
- What can you do to improve your return from the sale?
- How do you plan and prepare for your desired exit and succession?

This 90-minute business owner succession strategies workshop will help you:
- Understand your exit options
- Ensure your business gets exposed to the right target market
- Maximize your business' value when you sell

The workshop is free, but seating is limited so please contact Community Futures Central Island in Nanaimo to reserve a spot!